OTB JOHNSON FARM TRUST 42
OTB JOHNSON FARM TRUST 42 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Resolute Natural Res. Co., LLC. It has 2 wellbores on file with the Commission. Reported production runs from July 2011 to August 2026, totalling 78,969 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.1M, with roughly $188K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 177 barrels a month, about 88 per wellbore. Its strongest month on the record we hold was December 2019, at 686 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about OTB JOHNSON FARM TRUST 42
- Who operates OTB JOHNSON FARM TRUST 42?
- OTB JOHNSON FARM TRUST 42 is operated by Resolute Natural Res. Co., LLC, Railroad Commission of Texas operator number 703352.
- Where is OTB JOHNSON FARM TRUST 42?
- OTB JOHNSON FARM TRUST 42 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41686.
- Is OTB JOHNSON FARM TRUST 42 still producing?
- OTB JOHNSON FARM TRUST 42 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OTB JOHNSON FARM TRUST 42 is August 2026.
- How much has OTB JOHNSON FARM TRUST 42 produced?
- OTB JOHNSON FARM TRUST 42 has reported 78,969 barrels of oil (bbl) to the Railroad Commission of Texas between July 2011 and August 2026, from 2 wellbores.
- How much is OTB JOHNSON FARM TRUST 42 worth?
- The remaining production from OTB JOHNSON FARM TRUST 42 is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $895K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OTB JOHNSON FARM TRUST 42 is a fraction of it. The estimate fits an Arps decline curve to the production OTB JOHNSON FARM TRUST 42 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OTB JOHNSON FARM TRUST 42 is an estimate of value, not an offer and not an appraisal.
- How much income does OTB JOHNSON FARM TRUST 42 generate in a year?
- OTB JOHNSON FARM TRUST 42 is forecast to net about $188K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OTB JOHNSON FARM TRUST 42 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Resolute Natural Res. Co., LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 41686 |
| Wellbores | 2 |
| Reported production | 78,969 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where OTB JOHNSON FARM TRUST 42 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.